Loading...
HomeMy WebLinkAbout1601 - Building Valuation Tables CITY OF REDDING, CALIFORNIA COUNCIL POLICY • SUBJECT RESOLUTION NUMBER POLICY NUMBER EFFECTIVE DATE PAGE BUILDING VALUATION TABLES 89-246 1601 07/18/89 1 BACKGROUND Building permit and plan check fees are assessed based on the valuation of the project . Valuation for new construction is based on valuation tables which list the average cost per square foot based on the occupancy and the type of construction materi- als used. PURPOSE This policy will provide for yearly adjustments in the valuation tables . Yearly adjustments will provide revenues which will more closely follow departmental expenses . They will provide for an orderly , predictable adjustment to fees in relatively small increments . The smaller adjustments will help to reduce the impact on the construction industry. POLICY 1 . The Building Valuation Data tables , as published in "Building • Standards" magazine by the International Conference of Build- ing Officials , shall be the tables used to determine the valuation of applicable buildings for the purpose of determin- ing plan check and building permit fees . 2 . The most current tables available on January 30 of each year shall be used to determine building valuation , and the result- ing permit fees , from the first Monday in February for a duration of one year. 3 . Notification of the impending change of valuation table shall be posed at the Building Division counter for at least one week prior to implementation of the new tables . 4 . All permits issued on or after the implementation date shall reflect the permit fees derived from the new valuation tables . 5 . At the discretion of the Director of Planning and Community Development, minor deviation from this policy may be made on a case by case basis . CR 0049